WLK - Westlake Chemical Corporation

NYSE - NYSE Delayed Price. Currency in USD

Westlake Chemical Corporation

2801 Post Oak Boulevard
Suite 600
Houston, TX 77056
United States

SectorBasic Materials
IndustrySpecialty Chemicals
Full Time Employees8,800

Key Executives

NameTitlePayExercisedYear Born
Mr. Albert Yuan ChaoPres, CEO & Director5.31MN/A1950
Mr. Steven Mark Bender CPAExec. VP & CFO1.92M1.13M1957
Mr. Robert F. BuesingerExec. VP of Vinyl Products1.26M70.19k1957
Mr. George J. MangieriSr. VP & Chief Accounting OfficerN/AN/A1951
Mr. L. Benjamin EderingtonChief Admin. Officer, VP, Gen. Counsel & Corp. Sec.N/AN/A1971
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and building products primarily in North America and Europe. It operates through two segments, Olefins and Vinyls. The Olefins segment offers polyethylene, styrene monomers, and various ethylene co-products, as well as sells propylene, crude butadiene, pyrolysis gasoline, and hydrogen products. The Vinyls segment provides specialty and commodity polyvinyl chloride (PVC), vinyl chloride monomers, ethylene dichloride, chlorine, caustic soda, chlorinated derivative, and ethylene products. This segment also manufactures and sells building products fabricated from PVC, including pipe, fittings, profiles, trims, moldings, fence and decking products, window and door components, and film and sheet products. Westlake Chemical Corporation offers its products to a range of customers, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses in various consumer and industrial markets, such as flexible and rigid packaging, automotive products, coatings, water treatment, refrigerants, residential and commercial construction, as well as other durable and non-durable goods. The company was founded in 1985 and is headquartered in Houston, Texas. Westlake Chemical Corporation is a subsidiary of TTWF LP.

Corporate Governance

Westlake Chemical Corporation’s ISS Governance QualityScore as of March 1, 2018 is 8. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 9; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.